California’s Export Growth Stalls as EV Industry Collapses and Trade Share Shrinks

State's merchandise exports rise just 2 percent while national exports surge 14.7 percent, as electric vehicle shipments plummet 74 percent from prior year California's merchandise export trade reached $16.82 billion in October 2025, a modest 2 percent increase from $16.48 billion in the same month one year earlier, according to Beacon Economics' recently released California […]